Is procurement about putting dogma before dynamism? There are perceptions that procurement is process and compliance driven,  slow to respond to change, and too rigid in its approach to allow innovation. CIPS, the Chartered Institute of Procurement and Supply, reports on research findings from eprocurement specialists Wax Digital showing...

In scientific terms, a black box is a device, or a system, with inputs and outputs, but where its internal workings are concealed. It shouldn’t be, but for some businesses, the procurement process is like a black box: they know they need to select suppliers, so they feed their...